Legal Opinion

American Nat. Bank of Houston v. American Loan & Mortgage Co.

Texas Commission of Appeals

Decided March 2, 1921No. 195-3250PublishedCited by 16 opinions

Error to Court of Civil Appeals of Fifth Supreme Judicial District. Action by the American National Bank of Houston against the American Loan & Mortgage Company and another. From a judgment of the Court of Civil Appeals (205 S. W. 146), reversing judgment for plaintiff and rendering one in favor of defendants, the plaintiff brings error.

1Opinion of the CourtSonfield, P. J.

This action was brought by plaintiff in error, hereinafter called “bank,” against the American Loan & Mortgage Company, hereinafter called “mortgage company,” and Arch MacDonald, to recover upon a certain promissory note executed by George W. Riddle, dated the 1st day of February, 1910, payable to the bank six months after date. The bank alleged that the payment of the note had been assumed by W. E. Richards for a valuable consideration, and for a valuable consideration from Richards, was assumed to be paid by the mortgage company, and by defendant MacDonald agreed to be paid out of the fund…

2Cases cited4 opinions

  1. Mathonican v. Scott & BaldwinTexas Supreme Court · 1894
  2. Labadie v. Hawley.Texas Supreme Court · 1884
  3. Eastin & Knox v. Texas & Pacific Railway Co.Texas Supreme Court · 1906
  4. American Loan & Mortgage Co. v. American Nat. Bank of HoustonCourt of Appeals of Texas · 1917

3Cited by16 opinions

  1. Instone Travel Tech Marine & Offshore v. International Shipping Partners, Inc.Court of Appeals for the Fifth Circuit · 2003
  2. Guadalupe-Blanco River Authority v. City of San AntonioTexas Supreme Court · 1947
  3. Nagle v. DuncanCourt of Appeals of Texas · 1978
  4. Eppler, Guerin & Turner, Inc. v. Kasmir, Texas Court of Appeals, 5th District (Dallas)1985
  5. Ross v. HanerCourt of Appeals of Texas · 1922

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